Commercial Lease – 28 Liberty Street, New York, NY 10005
Asking Rent: $250,000/month
Size: 26,980 SF
Lease Type: Retail / Flagship / Experiential / Food & Beverage
Property Type: Ground-Floor & Lower-Level Retail
Location: Financial District (10005)
Availability: Immediate
Property Overview
28 Liberty Street presents a 26,980 SF flagship retail opportunity in the heart of the Financial District. This Class A tower is a landmark destination, home to global financial institutions, high-density office towers, residential conversions, and steady tourist traffic.
With expansive floorplates, soaring ceilings, and prime frontage, this retail space is ideally suited for big-box retail, experiential concepts, entertainment, or food & beverage flagships. Tenants benefit from a prestigious FiDi address, strong daytime population from the business district, and growing residential demand in Lower Manhattan.
Key Features
- Total Size: ≈ 26,980 SF
- Asking Rent: $250,000/month
- Annualized Rent: ≈ $3,000,000
- Effective Rent per SF: ≈ $111/SF annually
- Configuration: Large, contiguous retail space with flexible divisions available
- Frontage: Prominent exposure at 28 Liberty Street with branding potential
- Potential Uses: Big-box retail, food hall, entertainment/experiential, showroom, specialty grocery, fitness/wellness, flagship dining
Lease & Terms
- Base Rent: $250,000/month (~$111/SF/YR)
- Term: Negotiable (long-term flagship lease preferred)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE tax, and obligations typical for major retail leases
Market Profile
- Location Advantage: Prime Financial District location, surrounded by Wall Street, One Chase Plaza, and major commercial hubs, with increasing residential conversions.
- Transit Access: Direct access to multiple subway lines (2, 3, 4, 5, J, Z, R, W), PATH trains, NYC ferries, and Fulton Transit Center.
- Neighborhood Demand: Strong demand from experiential retail, food & beverage, and entertainment operators serving FiDi’s growing population of professionals and residents.
- Competitive Advantage: Rare large-format retail availability in a Class A landmark building with unmatched Lower Manhattan visibility.
Summary
The 26,980 SF retail space at 28 Liberty Street, New York, NY 10005 is offered at $250,000/month (~$111/SF annually). With its scale, prime Financial District location, and flexible layout, the property is an exceptional opportunity for flagship retailers, entertainment concepts, or food & beverage operators seeking a landmark presence downtown.